Litro Gas prices to reduce further in November – Chairman
The price of Litro gas cylinders would be further reduced in the first week of November in accordance with the gas price formula which would come into effect on the 5th of every month, The Chairman of Litro Gas Company, Muditha Peiris said.
He said Litro Gas Company has paid back another Rs. 7.5 billion to the Treasury during the month of October.
“We have paid Rs. 6.5 billion in September and we stated earlier that we will pay a debt of Rs. 7 billion within October. So, we have paid 7.5 billion again by the end of Friday.”
He said Litro Gas Company is to pay back to the Treasury US$ 70 million received from the World Bank to continue the gas supply.
The Chairman also said Litro Gas Company has already paid back Rs. 14 billion out of the total dues.
Latest Headlines in Sri Lanka
- Shooting at vehicle spare parts shop in Kohuwala January 16, 2025
- Underworld figure ‘Podi Lassie’ arrested in India after fleeing Sri Lanka January 16, 2025
- Sri Lanka secures $3.7 Billion investment from China for oil refinery January 16, 2025
- Shooting in front of Mannar court claims two lives, injures two January 16, 2025
- Sri Lanka President joins ‘Invest in Sri Lanka’ round table in China January 16, 2025
